Victoria Road West, Hebburn

A substantial, double fronted retail unit which has been fully renovated, located in a very prominent position at the junction of Victoria Road West and Station Road in the town of Hebburn. The town has seen significant expansion in recent years, with the construction of a large number of new homes. The property extends to approximately 730 square feet and benefits from two main road display frontages. The unit is suitable for a variety of trades. The unit has been fully renovated and is nearly ready for occupation.
Lease
The unit is available on a new lease at £10,000 pa FRI, for a term of 5 years. Each party to be responsible for their own legal costs.
Ground Floor 7.8m (25'7) x 4.8m (15'9)
Front shop with entrance to Victoria Road West and rear door
Front Shop 4.25m (13'11) x 3.95m (13')

Rear Shop 4m (13'1) x 3.5m (11'6)
with wc off
Rear Yard
For refuse storage only
Use
The unit is suitable for a variety of uses which will be considered on merit, with the exception of hot food which will not be permitted. The last known use for the main section of the unit was as a retail shop. We believe that the current use class is E :Commercial, Service and Business but prospective tenants must satisfy themselves as to permitted use with the planning authority.
Rates
The unit requires to be assessed for rating purposes as it was formerly part of a much larger self contained unit. The RV of the larger unit was £6100 so the RV for this unit should be lower. If so then this unit could qualify for Small Business Rating Relief, subject to the tenant meeting the qualifying criteria.
VAT
The owner has not elected for VAT, so this will not be chargeable on the rent.
EPC
As this unit has been formed from a larger unit, a new EPC has been commissioned.
Note
Directors of Andrew Craig Ltd have a financial interest in the Company that owns this unit.

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In accordance with the Property Misdescriptions ACT (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

These details have been prepared in good faith from information taken during our inspection of the property. They have not yet been verified by the seller and should therefore not be relied on in any way and used for general information only.

EPC Rating: